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Article: FED: News Corp's Murdoch upbeat about media group's future
- Article from:
- AAP General News (Australia)
- Article date:
- October 15, 2003
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AAP General News (Australia)
10-15-2003
FED: News Corp's Murdoch upbeat about media group's future
By Belinda Tasker and Tim Dornin
ADELAIDE, Oct 15 AAP - An upbeat Rupert Murdoch today fronted News Corp shareholders
to paint a glowing picture of his media company's prospects amid a healthy pick-up in
the US advertising market.
News Corp's chairman and chief executive, who this year celebrates his 50th year at
the helm of the global media group, told shareholders the company was on track for more
record earnings in 2003/04.
He described the advertising market for News Corp's American television networks, which
includes Fox, as "sensational" and stressed that he had no intention of ...